Syracuse, NY - -Workers at New Process Gear Inc., in DeWitt, will have to wait a little longer to learn about the plant's future.

A letter today from Magna Powertrain President Greg Deveson told workers that the board of directors of Magna International Inc. is deliberating on a proposed turnaround plan for the money-losing plant. The board is targeting next week for an update on the status of the plan, he wrote.

"At that point if they endorse the turnaround plan, the next step would be that the proposed contract amendments would go to a ratification vote of the union membership," Deveson wrote.

For the second time this year, management has asked members of the United Auto Workers to cut their wages, from $20.16 per hour to $13 to $16 per hour, depending on the job.

Cutting salaries is just one part of the plan that also included commitments from the management team, suppliers, customers and elected officials "to make the business case for our site's viability in a severely deteriorated market environment," the letter said.

The company has said the plant employing 1,900 could close if it can not be made profitable.

New Process Gear lost $117 million last year. It makes transfer cases that go into four-wheel drive trucks and sport utility vehicles. That segment of the market has taken a huge hit as consumers switched to smaller cars with higher gas mileage.